XML 14 R2.htm IDEA: XBRL DOCUMENT v3.21.2
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
CONSOLIDATED STATEMENTS OF OPERATIONS        
NET REVENUE $ 107,593 $ 76,008 $ 199,033 $ 170,883
OPERATING EXPENSES:        
Programming and technical including stock-based compensation of $4 and $4, and $10 and $12, respectively 26,517 23,624 51,613 51,494
Selling, general and administrative, including stock-based compensation of $0 and $78, and $31 and $164, respectively 31,510 22,294 61,497 51,757
Corporate selling, general and administrative, including stock-based compensation of $168 and $186, and $384 and $485, respectively 9,321 7,326 19,657 15,957
Depreciation and amortization 2,325 2,382 4,589 4,930
Impairment of long-lived assets 0 0 0 53,650
Total operating expenses 69,673 55,626 137,356 177,788
Operating income (loss) 37,920 20,382 61,677 (6,905)
INTEREST INCOME 168 26 172 34
INTEREST EXPENSE 15,853 18,395 33,898 37,533
LOSS ON RETIREMENT OF DEBT 0 0 6,949 0
OTHER INCOME, net (2,362) (94) (4,046) (1,598)
Income (loss) before provision for (benefit from) income taxes and noncontrolling interests in income of subsidiaries 24,597 2,107 25,048 (42,806)
PROVISION FOR (BENEFIT FROM) INCOME TAXES 6,119 465 6,109 (21,390)
CONSOLIDATED NET INCOME (LOSS) 18,478 1,642 18,939 (21,416)
NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS 612 222 1,066 351
CONSOLIDATED NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS $ 17,866 $ 1,420 $ 17,873 $ (21,767)
BASIC NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS        
Net income (loss) attributable to common stockholders $ 0.36 $ 0.03 $ 0.36 $ (0.48)
DILUTED NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS        
Net income (loss) attributable to common stockholders $ 0.33 $ 0.03 $ 0.34 $ (0.48)
WEIGHTED AVERAGE SHARES OUTSTANDING:        
Basic 49,789,892 44,806,219 49,124,056 45,025,471
Diluted 53,780,918 48,154,262 53,186,619 45,025,471